Core July PCE inflation surged to 2.9% compared to last year, up from 2.8% the month before, and the highest we’ve seen in five months. The overall inflation rate stayed put at 2.6%.The Fed has been hinting at cutting interest rates when they meet in September, but these new numbers…
Canada’s economy contracted at a sharper pace than forecasted in the second quarter as exports pulled back in the…
The European Union is currently exploring the implementation of more stringent regulations for companies regarding the verification of the…
Tech and finance headlines shook markets on Friday as Trump sparked controversy by cutting $4.9B in spending without Congress’s…
A federal appeals court has ruled most of Donald Trump’s global tariffs illegal, shaking up the future of presidential…
Intel has secured $5.7 billion in accelerated CHIPS Act funding from the US government.This is a significant step intended…
TechMet, a US government-backed investment vehicle, is set to launch a new trading arm dedicated to critical minerals. This strategic…
Contrary to widespread predictions, the US economy has defied expectations of downturns from tariffs and inflation, a resilience that…
Thursday’s headlines paint a busy picture for markets and policymakers. Snowflake saw its stock jump on strong demand for…